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AZ HB2342

Bill

Status

Passed

4/5/2016

Primary Sponsor

David Livingston

Click for details

Origin

House of Representatives

Fifty-second Legislature - Second Regular Session (2016)

AI Summary

  • Removes the requirement that authorized insurers have policies countersigned by a licensed insurance producer or bail bond agent, replacing it with a requirement that the policy declaration page or endorsement identify the name of the producer licensed for that line of authority in this state.

  • Eliminates subsection D of section 20-229 that permitted countersignatures to be made by facsimile or other reproduced signatures.

  • Amends section 20-286 to require licensees to notify the director of changes to their e-mail address in addition to residential or business address changes within thirty days.

  • Amends section 20-1693 by changing the definition of "vendor" in portable electronics insurance from "person" to "business" to clarify that vendors must be business entities.

  • Repeals section 20-2405, Arizona Revised Statutes.

Legislative Description

Insurance; licensed entities

Last Action

Chapter 101

4/5/2016

Full Bill Text

No bill text available